Pakistan and US Reaffirm Economic Partnership Amid Global Energy Challenges
Finance Minister Muhammad Aurangzeb and US Chargé d’Affaires Natalie Baker discuss expanding trade, energy reforms, and investment in technology and mining.
Pakistan Hikes Petrol and Diesel Prices to Historic Highs Amid Global Energy Crisis
Federal Ministers Ali Pervaiz Malik and Muhammad Aurangzeb announce massive fuel price increases and new targeted subsidies for bikers, farmers, and transport.
Pakistan Banking Sector Injects Rs235 Billion to Stabilize Power Sector Liquidity
Major Pakistani banks including Meezan, HBL, and NBP deploy Rs235 billion into the CPPA to manage circular debt and power sector cash flow constraints.
Barrick Gold Slows Reko Diq Development Amid Rising Security Risks
Barrick Gold Corporation delays the Reko Diq project timeline to 2027 citing regional security concerns and potential surges in capital expenditure costs.
Government Develops New Power Tariff Structure to Boost Industrial Daytime Operations
Federal Minister Awais Leghari and World Bank officials discuss a new Time of Use (ToU) tariff model to incentivize daytime solar energy consumption for industries.
Government Ends Billing Relief on Excess Solar Generation Beyond Approved Limits
The federal government introduces Export MDI checks for net metering, removing credit for surplus solar energy produced beyond a consumer’s licensed capacity.
ECC Approves Transfer of 100 Billion Rupees to Prime Minister’s Austerity Fund 2026
The Economic Coordination Committee directs ministries to surrender development funds to offset petroleum price shifts amid regional tensions.
Competition Commission of Pakistan Fines Newage Cables and GM Cables for Resale Price Maintenance
The CCP imposes fines totaling over 265 million rupees on Newage Cables and GM Cables for violating the Competition Act 2010 through price fixing.
Pakistan Stock Exchange Index Hits Record 156204 Points as KSE 100 Triggers Upper Circuit Breaker
The PSX KSE 100 index surged by over 7400 points in a single day triggering a market halt as investor confidence returned amid easing geopolitical tensions.
OGDCL Commences Oil and Gas Production From Spinwarm 1 Discovery in Waziristan
Oil and Gas Development Company Limited starts gas and condensate production at Spinwarm 1 in Waziristan to boost Pakistan domestic energy supply.